Twitter is reviewing Elon Musk’s offer to buy the social platform, The Wall Street Journal reported.
Sources close to the matter told The Journal that Twitter officials met on Sunday to review Musk’s offer and may be more open to negotiating with the billionaire after initially trying to thwart his purchase, Business Insider writes.
Twitter last week challenged Tesla’s CEO using a shareholder rights plan, or “poison pill,” designed to avert a “hostile purchase.”
However, a Twitter spokesperson did not immediately respond to BI’s request for comment on Sunday.
The pace change comes after billionaire CEO Tesla confirmed $ 46.5 billion in funding.
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